The correlation coefficient measures the strength of a linear relationship between two variables
Indicate whether the statement is true or false
TRUE
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Which of the following is not an indicator that revenue for a service can be recognized continuously?
A. The seller is enhancing an asset that the buyer controls as the service is performed. B. The seller is not enhancing an asset that the buyer controls or that has an alternative use to the seller, and the customer receives a benefit as the seller performs the service. C. The seller is not enhancing an asset that the buyer controls or that has an alternative use to the seller, and another seller would need to re-perform the tasks performed to date if that other seller were to fulfill the remaining obligation. D. None of the other answers is correct.
Which of the following best explains the recent decline in the role of financial intermediaries?
A) Private production and sale of information B) Government regulation to increase information C) Improvements in information technology D) None of the above can explain the recent decline